Vitamin Shoppe, Inc. (NASDAQ:VSI) reported its results for the first quarter. Vitamin Shoppe, Inc. is a retailer and direct marketer of vitamins, minerals, herbs, supplements, sports nutrition and other health and wellness products.

Key Stats: The company has enjoyed double-digit year-over-year revenue growth for the past five quarters. Over that span, the company has averaged growth of 11.8%, with the biggest boost coming in the most recent quarter when revenue rose 13.2% from the year earlier quarter.

The company has now seen net income rise in three-straight quarters. In the fourth quarter of the last fiscal year, net income rose more than threefold and in the third quarter of the last fiscal year, the figure rose more than threefold.

Gross margins grew 0.8 percentage point to 34.7%. The growth seemed to be driven by increased revenue, as the figure rose 13.2% from the year earlier quarter while costs rose 11.8%.